Finances

Source: MSNBC Auto leasing, temporarily crippled by the credit and financial crisis, is making a comeback this fall. Chrysler, Ford and General Motors all curtailed leasing operations last year when credit markets locked up and soaring gasoline prices left them...  

Chrysler, Ford and General Motors all curtailed leasing operations last year when credit markets locked up and soaring gasoline prices left them facing losses on the used SUVs and other gas-guzzlers that their financing arms sell when leases expire ...  

Auto leasing, temporarily crippled by the credit and financial crisis, is making a comeback this fall. Chrysler, Ford and General Motors all curtailed leasing operations last year when credit markets locked up and soaring gasoline prices left them ...  

In today's news, GM is going to begin repaying its government loan.Sort of.Most of GM's government debt, which came from the TARP, was converted to ownership in the New GM. So the government loans that GM is going to start repaying are only $6.7 Billion out of about $50 Billion it received in total.GM is sitting on a cash pile of $42.6 Billion, according to the news story. That cash is essentially all bailout money, as GM is not yet...  

Should a family take a loan out of their 401(k) to pay for braces that cost $5,000?These days, it might make sense.While you should avoid taking a 401(k) loan, you might have little choice when credit card companies are stingy, consumer loans are tight or priced high out of reach and home values are so low that some families can no longer take out a home-equity line of credit.INTEREST SAVINGSTwo economists at the Federal Reserve Board in...  

If the market crisis of 2008 taught employees anything about their 401(k) accounts, it was just how quickly they could turn into “201(k)” accounts (to quote those days’ painfully popular water-cooler joke). It also gave the insurance industry new ammunition in trying to convince 401(k) plan managers of the need to introduce annuity products to their menus. About a quarter of all companies these days offer their employees the option to...  

Question: Should I take a loan against my 401(k) to pay off credit card debt? My plan is to refinance my home and use the extra money to re-pay the 401(k) loan. Answer: Simply put, you can't get ahead if you are always behind. Paying off debt should ...